Thread: RTFX TraderTip >> CAD-JPY Analysis - Monday 22 March 2010

RTFX TraderTip >> CAD-JPY Analysis - 22 Mar 2010 The RF Tradertip™ is the presentation of Nostromo system that includes all the technical indicators and resumes the selected currencies pairs' situation on a daily, weekly and monthly basis. DAILY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 88.41 Scenario for today While above 88.88 - 88.46 zone a corrective dip could test 89.29 or 89.82. After which it should resume his downtrend. Key point 88.57 Entry point 89.34 Elliott 90.11 Closing 89.00 Projection 87.88 Trendline 88.75 Trendline 88.77 Res 2 90.65 Ex-High 90.11 Res 1 89.82 Pivot 89.29 Sup 1 88.46 Ex-Low 88.75 Sup 2 87.93 89.89 89.60 88.66 88.38   Warning: End of trend WEEKLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 89.70 Scenario for this week Preferred view is for a fall to 88.67 - 88.19 while 89.56 - 89.96 area resists. A clear break of 90.92 would be bullish. Key point 89.93 Entry point 89.77 Elliott 83.18 Closing 89.00 Projection 91.72 Trendline 89.13 Trendline 90.29 Res 2 90.92 Ex-High 90.11 Res 1 89.96 Pivot 89.15 Sup 1 88.19 Ex-Low 88.34 Sup 2 87.38 90.19 89.78 88.45 88.04   MONTHLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month No comment! Key point 86.50 Entry point 84.44 Elliott 82.39 Closing 84.41 Projection 90.63 Trendline 88.45 Trendline 86.28 Res 2 91.15 Ex-High 88.46 Res 1 87.78 Pivot 85.08 Sup 1 81.71 Ex-Low 82.39 Sup 2 79.02 91.09 89.28 83.42 81.61   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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